Financial Services

3 self-reporting firms receive lower fines

AML/CFT programs should expect increased enforcement actions

Investors should closely monitor tech stock derivatives

Finserv organizations, including some in U.S., and technology vendors face rules around cyber attacks, natural disasters & other disruptions

Political unrest, currency fluctuation & criminal threats challenge international investors

FINRA, SEC stepping up enforcement

10% of executives say their companies have faced deepfake threats; half of companies lack ability to adequately track sensitive data shared outside organizations

Heavy emitters reporting about decarbonization measures without quantifying impact; finserv firms continue to wrestle with communication channels

In the 15 years since Bernie Madoff’s conviction for running the largest known Ponzi scheme in history, regulatory agencies have sought to tighten their oversight of the financial sector, paying special attention to anti-money laundering (AML) and know your customer (KYC) rules. Tracy Moore, director of thought leadership and regulatory affairs at regtech platform Fenergo, looks back at the Madoff...

As a UK regulator cracks down, why are budgets falling in some organizations?

Lack of digital processes & staffing issues among UK’s hurdles

If your company isn’t already using AI, it almost certainly will be in the near future. But it’s not like flipping a switch, and doing it wrong could expose your organization to extreme risk, especially in the heavily regulated finance sector. Katie Twomey of Illumen Capital shares a comprehensive guide to getting started with AI.